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See, all this sounds to me like an argument for RAISING the corporate tax and eliminating the payroll tax.
If I remember correctly, Obama has been pushing to decrease the payroll tax, and Republicans have been undermining that effort.
And if you think companies going overseas now is bad now, go ahead raise taxes again and there will be a massive exodus. Again, you will hurt the small business but being who you are, a liberal, you don't get it obviously.
Pharmaceuticals/Health Products $2,618,552,130
Insurance $1,852,591,686
Electric Utilities $1,738,873,881
Business Associations $1,514,090,773
Computers/Internet $1,430,144,365
Oil & Gas $1,401,843,416
Education $1,204,874,390
Misc Manufacturing & Distributing $1,202,615,653
Hospitals/Nursing Homes $1,112,231,484
TV/Movies/Music $1,082,144,801
Civil Servants/Public Officials $1,050,939,396
Securities & Investment $1,025,253,877
Real Estate $1,019,494,401
Health Professionals $981,768,303
Air Transport $936,081,641
Misc Issues $795,692,327
Automotive $761,640,225
Telephone Utilities $754,620,861
Telecom Services & Equipment $731,758,303
Health Services/HMOs $683,676,500
And Obama's uninformed and uneducated send the government goons after the small business. Oh how big businesses must have been busting a gut in laughter. Then the little guy wonders why they are having a hard time finding a job. Go figure.
Does the chart reflect the fact that we have lost a great deal of manufacturing businesses since 1950?
We do have the hughest corporate taxes in the world and we wonder why businesses flee to overseas.
How's this sound?
Sustainable manufacturing jobs for working-class Americans The egress of manufacturing jobs overseas weakened marriage and fostered expansion of welfare. This was paralleled by the rise of a belief by some that everyone must have a college education to be employable. However, information and service sectors cannot provide enough jobs. We must maximize competitiveness to repatriate manufacturing jobs for working-class Americans. Personal and corporate taxes should be waived on all manufacturing jobs that pay $15 an hour or less, with no penalty for marriage. This will reduce manufacturing costs in the U.S., stimulating the return of millions of working-class jobs needed by millions of Americans.
Sustainable manufacturing jobs for working-class Americans The egress of manufacturing jobs overseas weakened marriage and fostered expansion of welfare. This was paralleled by the rise of a belief by some that everyone must have a college education to be employable. However, information and service sectors cannot provide enough jobs. We must maximize competitiveness to repatriate manufacturing jobs for working-class Americans. Personal and corporate taxes should be waived on all manufacturing jobs that pay $15 an hour or less, with no penalty for marriage. This will reduce manufacturing costs in the U.S., stimulating the return of millions of working-class jobs needed by millions of Americans.
I can hang with it but it is not enough.
The so-called progressive tax system penalizes success and gives a free pass to non-contributors.
I can hang with it but it is not enough.
The so-called progressive tax system penalizes success and gives a free pass to non-contributors.
What's progresive about a tax system were a childless $20K burger flipper renting a crummy room pays a higher effective tax rate than a $75K family living in a McMansion?
Hey, everyone wants Uncle Sugar to give them goodies, that money has to come from somewhere. And with more and more of the corporations that employee Americans actually being overseas, that money is going to come from us the taxpayers.
Someone in another post was complaining about not enough money to repair infrastructure. The problem is there is plenty of money. It's just going to people that live off the backs of their neighbors and the Sugar Daddy in the Whitehouse just keeps handing it out like candy. Add to that the corporations moving off shore to avoid taxes, liberals spending like the cow will never run out of milk.. It just drones on and on and on.. and they blame everyone but themselves. Liberalism is a mental illness.
What's progresive about a tax system were a childless $20K burger flipper renting a crummy room pays a higher effective tax rate than a $75K family living in a McMansion?
Exactly, but how is it right to expect that 75k family or the burger flipper to foot the bill for the idiots down the road living in low income housing who keep having kids that they can't afford?
And if you think companies going overseas now is bad now, go ahead raise taxes again and there will be a massive exodus. Again, you will hurt the small business but being who you are, a liberal, you don't get it obviously.
wait, didn't you just say that the decreasing share of tax rates for corporate taxes was due to small businesses paying the payroll tax?
and i suggest cutting the payroll tax and you tell me it's going to drive business away? how do you figure?
Corporation shouldn't even pay income tax. They aren't people, can't vote, and are just "us" by extension. The income they are taxed on, is retaxed upon distribution to the owners - double taxation. The shrinking beige line is a good, no, check that, a GREAT thing.
Actually, some corporations are people who have incorporated for tax and liability reasons.
The large ones influence government and outcomes in a big way with campaign contributions and lobbying. They have seats at the table. Their lobbying lawyers are writing legislation. Pork is almost always anonymously inserted into a bill in the middle of the night and typically benefits certain corporations.
How much money has been spent fighting very basic labeling of food by big corporations?
Last edited by middle-aged mom; 05-26-2013 at 08:07 PM..
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